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use formula to find it
aditikumari2108:
which formula
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Let the cost price be x.
Given Loss = 8%
= 92x/100.
Given that if he had sold it for 3360 more. Gain = 6%.
= 106x/100.
Therefore,
106x/100 - 92x/100 = 3360
106x - 92x = 336000
14x = 336000
x = 336000/14
x = 24000.
Therefore Sumit bought it for 24000 rupees.
Hope this helps!
Given Loss = 8%
= 92x/100.
Given that if he had sold it for 3360 more. Gain = 6%.
= 106x/100.
Therefore,
106x/100 - 92x/100 = 3360
106x - 92x = 336000
14x = 336000
x = 336000/14
x = 24000.
Therefore Sumit bought it for 24000 rupees.
Hope this helps!
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